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...Desset, ruled that a case brought by the anticorruption organization Transparency International against three African leaders had sufficient merit to warrant a full judicial investigation. The complaint accuses the trio - Gabon's President Omar Bongo, President Denis Sassou-Nguesso of the Republic of Congo, and Equatorial Guinea leader Teodoro Obiang Nguema - of pillaging their impoverished nations and treating state money as their personal wealth to finance acquisitions in France. The ruling means Desset can use her judicial authority to examine banking and other records to determine the origins of funds maintained by the three in France, and used...

Author: /time Magazine | Title: The Enrichment of Africa's French Allies | 5/8/2009 | See Source »

MARK THATCHER, SON OF FORMER BRITISH Prime Minister Margaret Thatcher, has been charged with helping finance a plot to overthrow Teodoro Obiang Nguema, President of oil-rich Equatorial Guinea [Sept. 6]. Nguema's regime is undemocratic, but Thatcher and his wealthy friends did not have any legitimacy to overthrow it. The U.S., however, by deciding unilaterally and without the approval of the U.N. to topple the bloody and dictatorial regime of Saddam, has provided a poor example to the world. What will now stop regional powers--or even individuals--from intervening in neighboring countries? A proper, legal vision of intervention...

Author: /time Magazine | Title: Letters: Sep. 27, 2004 | 9/27/2004 | See Source »

...Nazis instead of creating harmful stereotypes that involve Poland. Przemyslaw Grudzinski, Ambassador of the Republic of Poland to the U.S. Washington A New Legitimacy Needed Mark Thatcher, son of former British Prime Minister Margaret Thatcher, has been charged with helping to finance a plot to overthrow Teodoro Obiang Nguema, the President of oil-rich Equatorial Guinea [Sept. 6]. Nguema's regime is undemocratic, but Thatcher and his wealthy friends did not have any legitimacy to overthrow it. The U.S., however, by deciding unilaterally to topple the bloody and dictatorial regime of Saddam, has provided a poor example to the world...

Author: /time Magazine | Title: Letters | 9/26/2004 | See Source »

...CHARGED. MARK THATCHER, 51, the son of former British Prime Minister Margaret Thatcher, with helping to finance an alleged coup attempt in oil-rich Equatorial Guinea; in Cape Town, South Africa. Authorities say Thatcher allegedly bankrolled the purchase of a helicopter in a plot to overthrow President Teodoro Obiang Nguema Mbasogo, for which 14 suspected mercenaries are currently standing trial in the Equatorial Guinean capital, Malabo. Thatcher, under house arrest in Cape Town, has denied the allegations...

Author: /time Magazine | Title: Milestones | 8/30/2004 | See Source »

...helicopters, he keeps fit, he runs up [Cape Town's Table] Mountain," he says. "He entertains and he is entertaining." South African police allege that Thatcher also finances mercenaries. They believe he helped bankroll the failed coup attempt last March against the President of Equatorial Guinea, Teodoro Obiang Nguema. Thatcher's close friend and neighbor Simon Mann, a former British S.A.S. officer, was arrested along with 64 other men in Harare, Zimbabwe. Zimbabwean and South African authorities say the men, who were found aboard a Boeing 727-100, were on their way to topple Nguema's government, and had touched...

Author: /time Magazine | Title: International Man of Mystery | 8/29/2004 | See Source »

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